Searches And Hires
The institution is looking for a program and associated vendor to deliver technical training, peer-based learning and enhanced networking for its portfolio designed support early-stage startups in emerging markets.
The foundation first hired the investment consulting firm in 2015.
The university swapped domestic equity managers within its endowment and liquidity pool while also adding real assets and diversifying strategy investments at a recent investment committee meeting.
The fund is seeking a firm to provide services for its long-term investment pool to compare the offerings of other firms as it has utilized the same advisor for the last two decades.
The university is looking to add private equity commitments to its portfolio on the heels of maiden commitments to the asset class in the fourth quarter.
The retirement system added $160 million in new private equity and hedge fund allocations in recent months.
The selected firm will provide investment advisory and portfolio management services for its $315 million in operating and capital funds.
The retirement system is also watching a hedge fund manager due to underperformance.
The plan last conducted a similar search in 2020.
The agency is seeking the services on behalf of its $129 million investment portfolio.
